Mondelez Global 401(k) match, vesting and fees

Each participant is at all times fully vested in the balance held in his or her Before-Tax Contributions account, Roth Contributions account, After-Tax Contributions account, Rollover account and Prior Plan account. A participant will fully vest in his or her Matching Contributions and Basic Contributions accounts after completing two years of vesting service or earlier on reaching age 65, on permanent and total disability or death while employed by Mondelēz Global or any of its affiliates, on involuntary termination due to a change in control of Mondelēz International, Inc., or upon a termination of the Plan (see Note 7). Matching Contributions and Basic Contributions forfeited by terminated participants can be used to reduce future Matching Contributions and Basic Contributions to the Plan. At December 31, 2024 and 2023, the Plan’s forfeiture balance was $506,723 and $187,514, respectively. For the year ended December 31, 2024, forfeitures in the amount of $1,398,306 were used to reduce employer contributions.

The Plan includes a qualified automatic contribution arrangement, pursuant to which all newly eligible employees are enrolled automatically with a 3% tax-deferred contribution rate, unless the employee elects otherwise. These contributions are invested in the Plan’s default investment option. Employees may opt out of the automatic enrollment, stop contributions, modify their contribution rate, or change investment elections at any time. Starting the first year after a participant is automatically enrolled in the Plan, the participant's tax-deferred contribution rate is automatically increased by 1% annually, up to a maximum of 10%. This occurs with the first payroll period in April of each year, and participants may decline these rate increases or elect a different rate.

Eligible salaried and hourly non-union employees of Mondelēz Global and other participating affiliated employers are able to make voluntary, tax-deferred, Roth and/or after-tax contributions to the plan. Participants may make tax-deferred, Roth and after-tax contributions up to 50% of their eligible compensation if participant is considered a non-highly compensated employee, 15% of eligible compensation if participant is considered a highly compensated employee or 11% of eligible compensation if participant's expected compensation is $250,000 or more.

The notes receivable program permits participants to borrow from their Plan accounts in accordance with the provisions outlined in the Plan.